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1506 Garcez offers a prime investment opportunity with a turnkey, fully occupied 12-unit apartment building located in the heart of Concord. Built in 1960, the two-story wood-frame structure features stucco siding with wood trim and sits on a 12,990-squarefoot lot. The building spans 9,548 square feet and includes 12 covered and 4 uncovered off-street parking spaces. Additional income is generated through on-site laundry facilities and a utility reimbursement program, with 8 of the 12 tenants contributing an extra $100 per month to offset water and garbage expenses. The property also features CCTV security cameras and a manager's storage shed. Major capital improvements include updated flooring, kitchens, bathrooms, and new appliances. Exterior enhancements feature double-pane windows, fresh paint, and a 30-year foam roof installed within the last 3 years. Hydro Jetting Drain System, Water Saving Recirculating Pump for instant hot water, new water heater, wall furnaces and patio doors.
Property Type(s):
Residential Income
| Last Updated | 9/30/2025 | Tract | CLAYTON V.HILNDS |
|---|---|---|---|
| Year Built | 1960 | County | Contra Costa |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| LOT | 0.2982 acre(s) |
| SUBDIVISION | CLAYTON V.HILNDS |
Location
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Listed with United Apartment Group
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